What Is Corporate Affairs Commission?

What is your reaction to this list created by the Institute of Public Affairs (Australia)?

• "It was the most exclusive of events, a glittering $500 minimum per head gala fundraising dinner last week (04/04/13) for the Institute of Public Affairs (a right-wing think tank). Tony Abbott, Gina Rinehart and Rupert Mudoch took turns sharing the stage. Andrew Bolt was MC. Tony praised his fellow key-note speakers, especially Rupert, and promised the crowd a "big yes" to many of the think tank's list of 75 policies to radically transform Australia." Repeal the carbon tax, and don't replace it. It will be one thing to remove the burden of the carbon tax from the Australian economy. But if it is just replaced by another costly scheme, most of the benefits will be undone. Abolish the Department of Climate Change Abolish the Clean Energy Fund Repeal Section 18C of the Racial Discrimination Act Abandon Australia's bid for a seat on the United Nations Security Council Repeal the renewable energy target Return income taxing powers to the states Abolish the Commonwealth Grants Commission Abolish the Australian Competition and Consumer Commission Withdraw from the Kyoto Protocol Introduce fee competition to Australian universities Repeal the National Curriculum Introduce competing private secondary school curriculums Abolish the Australian Communications and Media Authority (ACMA) Eliminate laws that require radio and television broadcasters to be 'balanced' Abolish television spectrum licensing and devolve spectrum management to the common law End local content requirements for Australian television stations Eliminate family tax benefits Abandon the paid parental leave scheme Means-test Medicare End all corporate welfare and subsidies by closing the Department of Industry, Innovation, Science, Research and Tertiary Education Introduce voluntary voting End mandatory disclosures on political donations End media blackout in final days of election campaigns End public funding to political parties Remove anti-dumping laws Eliminate media ownership restrictions Abolish the Foreign Investment Review Board Eliminate the National Preventative Health Agency Cease subsidising the car industry Formalise a one-in, one-out approach to regulatory reduction Rule out federal funding for 2018 Commonwealth Games Deregulate the parallel importation of books End preferences for Industry Super Funds in workplace relations laws Legislate a cap on government spending and tax as a percentage of GDP Legislate a balanced budget amendment which strictly limits the size of budget deficits and the period the federal government can be in deficit Force government agencies to put all of their spending online in a searchable database Repeal plain packaging for cigarettes and rule it out for all other products, including alcohol and fast food Reintroduce voluntary student unionism at universities Introduce a voucher scheme for secondary schools Repeal the alcopops tax Introduce a special economic zone in the north of Australia including: a) Lower personal income tax for residents b) Significantly expanded 457 Visa programs for workers c) Encourage the construction of dams Repeal the mining tax Devolve environmental approvals for major projects to the states Introduce a single rate of income tax with a generous tax-free threshold Cut company tax to an internationally competitive rate of 25 per cent Cease funding the Australia Network Privatise Australia Post Privatise Medibank Break up the ABC and put out to tender each individual function Privatise SBS Reduce the size of the public service from current levels of more than 260,000 to at least the 2001 low of 212,784 Repeal the Fair Work Act Allow individuals and employers to negotiate directly terms of employment that suit them Encourage independent contracting by overturning new regulations designed to punish contractors Abolish the Baby Bonus Abolish the First Home Owners' Grant Allow the Northern Territory to become a state Halve the size of the Coalition front bench from 32 to 16 Remove all remaining tariff and non-tariff barriers to international trade Slash top public servant salaries to much lower international standards, like in the United States End all public subsidies to sport and the arts Privatise the Australian Institute of Sport End all hidden protectionist measures, such as preferences for local manufacturers in government tendering Abolish the Office for Film and Literature Classification Rule out any government-supported or mandated internet censorship Means test tertiary student loans Allow people to opt out of superannuation in exchange for promising to forgo any government income support in retirement Immediately halt construction of the National Broadband Network and privatise any sections that have already been built End all government funded Nanny State advertising Reject proposals for compulsory food and alcohol labelling Privatise the CSIRO Defund Harmony Day Close the Office for Youth Privatise the Snowy-Hydro Scheme

• Answer:

  It would create a utopia for the rich and a society in which the wealthy would be able to accumulate more wealth at the expense of the rest of the country. If these policies were all implemented by the Liberal party they would have the support of almost 100% of the nations wealthy but less than 20% of the electorate as a whole. They would be wiped out at the next election and would never be able to persuade the National Party to remain in coalition with them.